Background*

Mr. Augusto Almeda-Lopez has been a General Counsel and an Executive Vice President of Lopez Holdings Corporation, since January 2001. Mr. Almeda-Lopez serves as Chairman of ACRIS Corporation and ADTEL, Inc. He has been a Vice Chairman of ABS-CBN Corporation (ABS-CBN Broadcasting Corp.) since April 26, 1989. He served as Vice Chairman of First Philippine Holdings Corporation from 1993 to 2010. He has been Director of First Philippine Holdings Corp. since 1986. He serves ... as Director of various Lopez companies such as Bayan Telecommunications Inc. (formerly, International Communications Corp.) and Radio Communications of the Philippines Inc. He joined ABS-CBN Broadcasting Corp. in 1962 and has been its Director since April 27, 1988. He serves as a Director of various companies in the telecommunications, manufacturing, and service industries, namely First Philippine Industrial Corporation, First Gen Renewables, Inc., First Electro Dynamics Corporation, Philippine Electric Corporation, and Sky Vision Corporation. He is a Trustee of the Meralco Foundation Institute. He is an alumnus of De La Salle College and Ateneo de Manila. He received his Bachelor of Laws degree from the University of the Philippines College of Law class 1952 and finished an Advanced Management Program course at Harvard University in 1969.

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